Owner Finance Available
1214 SE 179th Ave
Portland, OR 97233
🛏️
2
Bedrooms
🚿
2
Bathrooms
📏
1,344
Sq Ft
📅
1978
Year Built
Portland, OR 97233
2
Bedrooms
2
Bathrooms
1,344
Sq Ft
1978
Year Built
Rare Multi-Family Portfolio Opportunity Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS 767340896) $2,495/mo1214 SE 179th Ave (MLS 206884563) $1,895/mo17941 SE Main St (MLS 546685047) $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All data including financials, zoning, and rental agreements to be verified by the buyer. Shown by appointment only and limited showings. Please do not disturb tenants.
Property Type
Single Family
Year Built
1978
HOA
None
Listed Price
$430,000
Free account - No credit card required
Owner financing means the seller of 1214 SE 179th Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Portland, OR is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Portland property.